A Dynamic Oracle is a system designed to provide real-time data to blockchain networks, particularly for smart contracts. Unlike static oracles, which deliver fixed data points, dynamic oracles pull in changing information from various external sources.This adaptability is essential for applications that depend on current data, such as finance, insurance, and gaming. For example, in a decentralized finance platform, a dynamic oracle can fetch live price feeds of assets, ensuring that transactions are based on up-to-date values.Dynamic oracles not only enhance the accuracy of the information provided but also reduce the risks associated with outdated or manipulated data. They can aggregate data from multiple sources, increasing reliability. This capability helps smart contracts execute appropriately under different conditions.Overall, dynamic oracles play a crucial role in bridging the gap between on-chain protocols and off-chain data, making them vital for the functionality and security of decentralized applications.